1818 North Hubbard Street
NNN Investment Opportunity - Downtown MKE Restaurant
Marketing description
Cushman & Wakefield | Boerke is pleased to present the opportunity to acquire Avli Milwaukee, a premier single-tenant urban restaurant investment located at 1818 N Hubbard Street in Milwaukee’s highly sought-after Brewers Hill neighborhood. The ±6,920 SF property is leased to Avli Foods LLC, an established hospitality operator known for its modern upscale Greek dining concept with multiple successful locations throughout the Midwest.
Positioned just north of downtown Milwaukee near Schlitz Park, the Deer District, and the Milwaukee River corridor, the property benefits from exceptional surrounding demographics, significant multifamily density, and strong daytime and evening traffic drivers. The offering presents investors with stable in-place cash flow, contractual annual rent growth, and long-term positioning within one of Milwaukee’s most dynamic urban infill neighborhoods.
Investment highlights
- Established Multi-Unit Restaurant Operator
- Leased to Avli Foods LLC, an experienced and growing hospitality group with multiple successful locations throughout Chicago and Milwaukee.
- Prime Urban Infill Location
- Located in Milwaukee’s highly desirable Brewers Hill neighborhood near Schlitz Park, downtown Milwaukee, the Deer District, and the Milwaukee River corridor.
- Dense Residential & Employment Base
- Surrounded by significant multifamily density, office users, and walkable urban amenities supporting consistent daytime and evening traffic.
- Long-Term Income Stability
- Approximately seven years of remaining lease term with 2.75% annual rent escalations providing built-in NOI growth.
- Passive NNN Lease Structure
- Tenant responsible for taxes, insurance, utilities, landscaping, and day-to-day maintenance obligations, minimizing landlord responsibilities.
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